Czech National Bank includes Bitcoin in its balance sheet for the first time
The Czech National Bank (CNB) has announced the creation of a $1 million test portfolio of cryptocurrencies, which includes Bitcoin, a dollar stablecoin, and a tokenized deposit. The initiative, approved by the bank's board on October 30, aims to test the processes of acquiring, storing, and managing assets based on blockchain technologies that could significantly change financial systems.
Source Coindesk
CNB chairman Alyosha Michl said that the idea to create the portfolio emerged in January 2025. He emphasized that the goal is to test decentralized Bitcoin from the perspective of the central bank and assess its potential role in the Czech economy. The investment is not planned to be actively increased, and the acquisition was made outside the bank's international reserves, which emphasizes the strategic approach to cryptocurrencies.